BAIYU (NASDAQ:BYU) Trading 5.4% Higher

BAIYU Holdings, Inc. (NASDAQ:BYUGet Free Report)’s stock price shot up 5.4% during mid-day trading on Wednesday . The company traded as high as $2.96 and last traded at $2.95. 400,598 shares changed hands during trading, an increase of 491% from the average session volume of 67,762 shares. The stock had previously closed at $2.80.

BAIYU Trading Down 6.6 %

The firm has a market cap of $72.77 million, a P/E ratio of -7.16 and a beta of 0.29. The stock’s fifty day moving average is $1.33 and its two-hundred day moving average is $1.32.

About BAIYU

(Get Free Report)

BAIYU Holdings, Inc engages in commodities trading and supply chain service businesses in the People’s Republic of China. The company’s commodity trading business engages in purchasing non-ferrous metal products, such as aluminum ingots, copper, silver, and gold from upstream metal and mineral suppliers and then selling to downstream customers.

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